Happy Birthday Warren Buffett: 30 Best Quotes From the Oracle of Omaha

Warren Buffett, the Oracle of Omaha, is the world’s wealthiest and most successful investor, having spent the better part of eight decades building his $61.3 billion net worth. Where other business magnates and entrepreneurs with that kind of money would have cashed in their earnings long ago, Buffett shows no signs of slowing down on investments.

So, how old is Warren Buffett turning? The investment guru is turning 85 tomorrow, and he will undoubtedly be spending his birthday celebrating a recent investment. His company, Berkshire Hathaway, announced it is purchasing Precision Castparts for $32 billion after years of aggressively investing in the aerospace supplier.

Although there is no word yet on Buffett’s birthday plans this year, the investor knows how to celebrate. When he turned 50 and was about to become a Coke shareholder, Buffett was treated to a birthday cake shaped like a six-pack of Pepsi. For his 75th birthday, he had another cake fashioned after a $100 bill. His 82nd birthday was particularly pricey. Buffett gifted his three children $600 million in stock shares for their charitable foundations.

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Keep Reading: 21 Surprising Facts About Warren Buffett

In honor of Warren Buffett’s birthday, celebrate the Oracle of Omaha’s most popular quotes of all time. Some are profound, some insightful, some witty — but all of them are sure to help you better manage your money and life.

Warren Buffett Quotes on Life and People

1. “The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.”

2. “Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.”

3. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

4. “You can’t make a good deal with a bad person.”

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5. “There seems to be some perverse human characteristic that likes to make easy things difficult.”

Warren Buffett Advice on Investing

6. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”

7. “You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”

8. “I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”

9. “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

10. “I am a better investor because I am a businessman, and a better businessman because I am no investor.”

11. “If calculus or algebra were required to be a great investor, I’d have to go back to delivering newspapers.”

12. “Investing is like baseball. If you want to score runs, don’t study the scoreboard, study the playing field.”

13. “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

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14. “The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum!'”

15. “The investor of today does not profit from yesterday’s growth.”

Read: 6 Things Warren Buffett Says You Should Do With Your Money in 2015

Warren Buffett Quotes About Wall Street

16. “Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.”

17. “The whole mentality of Wall Street is … that they think they’re better off if the stock goes up in the next week or the next month.”

Warren Buffett on Learning From Mistakes

18. I bought a company in the mid-’90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I’ve made lots of dumb decisions. That’s part of the game.”

19. “What we learn from history is that people don’t learn from history.”

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Warren Buffett Quotes About Success

20. “You want to be greedy when others are fearful. You want to be fearful when others are greedy. It’s that simple.”

21. “It’s an easy game if you can control your emotions.”

22. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

23. “The difference between successful people and really successful people is that really successful people say no to almost everything.”

24. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”

25. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

26. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

27. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

28. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

Related: Warren Buffett’s Money Tips to Master Before Your 40s

Warren Buffett on Leadership

29. “Hire well, manage little.”

30. “Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.”

About the Author

Paul Sisolak

Paul Sisolak joined the GOBanking Rates team in January 2012 and has an extensive news reporting background, where he was primarily a staff writer for several major print newspapers and other noteworthy publications.

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